George Economou's DryShips is continuing to rake in cash from selling shares to Kalani Investments.
The company said that it had banked $83.1m in net proceeds in April and May from the disposal of 8.2m shares priced at an average of $10.22 each.
This compares to a $2.83 closing price in New York on Friday.
The purchases are part of a second agreement between DryShips and Kalani that could see the latter spend another $226.4m
